Fed agrees to unveil stress-test models in transparency U-turn
US regulator commits to September 30 deadline for new measures
The US Federal Reserve has agreed to fully disclose its stress-test models and introduce a suite of transparency measures by September 30, following months of mounting pressure from industry trade groups and legal action over opaque supervisory practices.
In a May 23 court filing, the Fed and banking lobby groups, including the Bank Policy Institute (BPI), agreed to pause ongoing litigation until
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